Pablo Soria de Lachica – Discusses Potential Employment Boost in Earthquake-Hit Mexico Areas
Human tragedy is the immediate observable consequence when natural disasters of devastating magnitude strike, but after the initial shockwave, the affected society turns its attention to matters such as infrastructure, housing, and public services. The process of restoration begins and with it come new opportunities, especially in the areas of building construction and civil engineering. This is likely to be the case in Mexico, which was rocked by two massive earthquakes in September this year and faces the onerous task of rebuilding. But reconstruction campaigns could actually provide an economic boost to the affected areas and create opportunities for new employment, according to acclaimed foreign exchange broker Pablo Soria de Lachica. Despite the damage caused by the two temblors, the Mexican central bank said in October it did not expect the national economy to be significantly impacted in the long term. Although short-term growth could slow down, the country is likely to make up for the decline, the…